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Ocado breaks into North America with Sobeys partnerhship

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Ocado has penned a new major deal with Canadian retailer Sobeys as it continues to ramp up its international expansion efforts. In its first venture into North America, the British online grocery retailer is set to establish a foothold in Canada via a partnership with Sobeys, which has an estate of over 1500 stores. News of the partnership, in which the two companies aim to construct a warehouse to supply Toronto before 2020, has sent Ocado share prices up around 12 per cent to 462.7p per share

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Ocado breaks into North America with Sobeys partnerhship

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